Frank Newman

Frank Newman

Election 2020 Reflections and 2023 Projections

Labour will be solely responsible for its achievements over the next three years, and fully accountable for its failures. Those who believe in the merits of a free market economy will have a historic opportunity to reaffirm the long-proven truth that the socialist ideal of a utopian society is a myth.


Frank Newman

Dump the RMA

If the government wants to get New Zealand working it should get rid of the Resource Management Act. Even one of its architects, Geoffrey Palmer, has said the RMA is broken.


Frank Newman

Financial Contagion

Investing is an act of optimism. The greater threat for our economy is the damage that has been done to business confidence. Pessimists don't invest.


Frank Newman

Official Cash Rate Surprise

The Reserve Bank's action says things are now more dire than they were during the Global Financial Crisis.  This is in contrast to the buzz from the Beehive which is: 'Don't worry, be happy'!


Frank Newman

Slow progress on Marine and Coastal area claims

The claims process is an opportunistic attempt by Maori interests to gain control of what was previously regarded as public space for the benefit of everyone. I have no doubt the end goal is to securing a perpetual income stream from the granting of use rights to third parties.


Frank Newman

Budget 2019 - Rhetoric or Well-being?

Labour promised something special, but Budget 2019 delivered something quite ordinary. Those who believe governments should foster a vibrant economy will find nothing of real substance to applaud, while those who have been promised a transformational change in social policy will be left feeling they have been short-changed.


Frank Newman

Fairness

Fairness has been talked about a lot lately, by the government. It appears to be justifying everything by saying "it's the fair thing to do". Fairness has replaced housing affordability as the primary justification for the government wanting to introduce a capital gains tax


Frank Newman

High rise rents and housing costs

This really points to the absurdity of the KiwiBuild scheme. It will not help a low income household at all - even “cost” price is too great, so those who are not on a wage on a par with a student doctor and IT expert will have to continue to rent and pay more as rents rise, thanks to all of the new rental-housing related regulations that the Government is bringing in


Frank Newman

Capital gains tax heading your way

Last week the Tax Working Group published its interim report on its recommended changes to the tax system. The 196 page report makes no firm recommendations but it discards a number of matters raised in the discussion paper and gives strong indications of what is likely to be included in the final report which is due in February.


Frank Newman

Budget 2018 - key points

A strong and growing economy is the real story behind the Coalition Government's 2018 Budget. This is very evident from the Time Series of Fiscal and Economic Indicators which projects Gross Domestic Product to grow $17 billion in the year ended 30 June 2018, from $274 billion last year to $291 billion.